Shares of Hindustan Unilever (HUL) rose by 6% over the past two trading days, reaching ₹2,380 on the Bombay Stock Exchange (BSE) despite a 0.73% decline in the BSE Sensex. This surge follows a strong performance by Nestle for the March 2026 quarter, which reported over 20% sequential revenue growth. HUL has also increased prices for its soap brands by 5-10% in response to significant rises in production costs, particularly for packaging materials and palm oil. The stock has rebounded 18% from its 52-week low of ₹2,023.05 recorded on April 2, 2026, and is trading at 44x FY27 estimated earnings per share (EPS). Analysts at ICICI Securities believe HUL is well-positioned to manage inflationary pressures, which tend to benefit larger companies by enhancing their pricing power. They reiterated a 'BUY' rating on HUL with a target price of ₹2,800 per share.